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Analysis of Top U.S. Sportsbooks Shows Long College Football Suspension Times When Compared to NFL According to Sports Odds Intelligence Firm Bettormetrics

Bettormetrics

Bettormetrics, a sports odds intelligence firm providing competitive sports odds data and insight to the sports betting industry, today released their latest report, a one-week comparison of suspension times between top operators during week eight of the college football season and week nine NFL games. The analysis found that while operators exhibit short suspensions during NFL games, there are still significant improvements to be made on suspension times during college football games. Suspension is when a sportsbook periodically shuts down betting lines in a sporting event to readjust the odds based on activity within the event, while uptime is the amount of time they are accepting live wagers during the game. Bettormetrics’ analysis found that DraftKings and FanDuel were suspended for the least and second least amount of time during NFL games, respectively, and the two operators flipped when it came to college football – with FanDuel leading the operators that were analyzed. DraftKings, who was previously noted as a market leader in past Bettormetrics’ reports on NBA and NFL season-long suspension times, suffered the biggest drop off during college games when compared to its NFL suspension times. On average, operators' suspension times were 8.7% worse during college games. Hard Rock saw the smallest drop in performance in comparison. “The NFL is clearly the American bettor’s favorite competition so it is only a matter of time before sportsbooks shift their focus to its younger sibling, college football, seeking improvements in suspension, uptime and overall trading performance,” said Sabin Brooks, Bettormetrics’ Chief Revenue Officer. “Those who master suspension in college games will ultimately come out on top. Doing so is a win-win because the bettor will have an improved betting experience meaning they will keep coming back and the operator will be able to bring in more handle, meaning a fly wheel of better product, customer experience and sportsbook profitability.” “While there are challenges with the availability, quality and speed of scouting data for college football, there is clear demand for betting on NCAA football. As such, operators are going to need to find solutions to overcome the tremendous suspension differences between the NFL and college football,” said Robert Urwin, Bettormetrics’ co-founder and CEO. “While we recognize that there are significantly more college games every weekend during football season than NFL, there is work to be done. With an estimated gross gaming revenue of over $800 million coming in during college football season, sportsbook operators will continue to lose out on potential revenue unless suspension times are addressed.” ABOUT BETTORMETRICS Bettormetrics is an innovative company providing competitive sports odds intelligence and insight to the sports betting industry. Bettormetrics’ Trading Analytics Platform is a SAAS product supporting sportsbook trading desks with cutting edge insight and analysis on the entire event life cycle, helping sportsbooks, data suppliers and B2B platforms gain an edge on competitors and ensure no profits are left on the table. For more information, please email info@bettormetrics.com or visit Bettormetrics.com. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://bettormetrics.com/

November 13, 2024 08:51 AM Eastern Standard Time

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Customer Wins Fuel Triple-Digit Q3 Revenue Growth For Aeva Technologies, Are More Wins On The Horizon?

Benzinga

By Meg Flippin, Benzinga The world is becoming more automated, and LiDAR technology is playing a key role in helping make that happen. At Aeva Technologies Inc. (NYSE: AEVA), the company reports it is also gaining share as more customers transition to its next-generation FMCW 4D LiDAR technology. This is reflected in Aeva’s recently reported third-quarter results, with the company delivering triple-digit year-over-year revenue growth and several customer wins for its September-ending quarter. Aeva makes advanced LiDAR technology that uses a low-power continuous laser beam to measure range and velocity simultaneously. Aeva says this technology unlocks new levels of safety and automation by instantly discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. This edge, along with other FMCW advantages not found in traditional 3D time-of-flight LiDAR solutions, garnered Aeva interest and customer wins in the third quarter. Revenue Growth On Display Take its revenue for starters. Aeva reported revenue of $2.3 million, up 178% from the year-ago third quarter. Aeva ended the quarter with $259.8 million of liquidity, bolstering its position to continue to grow the business. “Aeva in Q3 continued to gain momentum across multiple fronts as more customer programs and industries look to adopt Aeva's unique 4D LiDAR technology to enable next-generation solutions,” said Soroush Salehian, co-founder and CEO at Aeva during a conference call to discuss third-quarter results with Wall Street. “From new production awards to key milestones achieved towards production with existing partners and progress on securing additional wins, Aeva achieved major accomplishments this quarter.” New Contracts Fueling Demand During the third quarter, Aeva inked a multi-year sensor supply deal with The Indoor Lab, a LiDAR perception and analytics solutions company. Indoor Lab operates a LiDAR analytics platform used to improve safety, security and operational efficiency for major U.S. airports, mass transit railways, agriculture and smart infrastructure at theme parks and other large venues across the U.S. The multi-year agreement offers multiple tens of millions of dollars in revenue potential over just the next few years alone, the company said. The deal marks the first industrial customer production win for Atlas, Aeva’s next-generation 4D LiDAR. The sensor shipments have already started with a planned ramp-up in 2025 to support multiple projects at scale, the companies reported. “This is an exciting expansion for Aeva that offers meaningful revenue potential and builds on our first win in security earlier this year,” said Salehian. During the quarter, it also secured a win with a major European passenger vehicle original equipment manufacturer (OEM). The unnamed OEM selected Aeva’s 4D LiDARs because of their ability to collect velocity data which the OEM is using to validate its next-generation vehicle automation systems, reports Aeva. Importantly, on top of that, Aeva continued to work toward finalizing the RFQ for a global top 10 passenger OEM’s vehicle program in addition to making progress on other RFQs in the passenger vehicle market. On the trucking front, Aeva is helping companies make self-driving trucks a reality, including its $1 billion dea l with Daimler Truck AG and Torc Robotics, an independent subsidiary of Daimler Truck. Through the multi-year OEM deal, Aeva’s 4D LiDAR is the exclusive long range and ultra long range LiDARs for Daimler Truck’s Class 8 Freightliner Cascadia autonomous truck platform, which, together with Torc’s autonomous driving stack, will enable highway speed autonomy. These are heavy-duty trucks that spend most of their time on interstates hauling cargo to and fro. The companies see heavy-duty trucking as an area rife for autonomous vehicles given the severe shortages of drivers in that segment of the industry. During the quarter Torc, using Aeva’s LiDAR technology, successfully validated fully driverless operations at highway speeds up to 65 miles per hour, a key milestone in the commercialization plan for Daimler Truck’s autonomous truck production program by 2027, reported Aeva. The Key: Speeding Up Production To meet all the demand Aeva is seeing, the company said that during the quarter, it pulled forward the first shipments of Aeva Atlas, its production-intent product, by approximately two quarters. Aeva is currently implementing plans to scale production for next year. “Aeva continues to convert the growing interest in our unique 4D LiDAR technology to new wins while also achieving critical milestones for our existing production programs,” said Soroush Salehian, Co-Founder and CEO at Aeva. “With more industries looking to adopt FMCW technology, we made the strategic decision and executed on pulling forward first shipments of Atlas to the third quarter to meet more of our strong demand. We believe this further places Aeva on the path to leading the market and expanding our commercial momentum with additional wins in automotive, industrial and beyond.” Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Clay Banks on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 13, 2024 08:45 AM Eastern Standard Time

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News Release

Ledger Markets Introduces Real-Time Signals Indicator to Enhance Precision and Confidence in Market Trading

Rev Up Marketers

Ledger Markets, a leader in AI-powered trading technology, proudly announces the release of its newest innovation, the Real-Time Signals Indicator. This advanced tool is crafted to empower traders with instant, data-driven insights into market trends, delivering unprecedented precision in decision-making across volatile trading environments. The Real-Time Signals Indicator addresses a crucial need among traders for reliable, real-time insights that clarify entry and exit points in fast-paced markets. Leveraging sophisticated AI algorithms, the tool continuously analyzes extensive market data, transforming it into actionable signals. As global markets grow increasingly unpredictable, Ledger Markets provides a timely solution that enables traders to stay ahead, manage risk effectively, and make informed decisions with greater confidence. This tool is designed for both seasoned professionals seeking strategic refinement and new traders looking for clear guidance. Its adaptive AI-driven functionality recalibrates with evolving market conditions, providing consistent reliability across diverse trading scenarios. Through real-time feedback, traders gain the ability to anticipate shifts, recognize trends, and act proactively to optimize outcomes. The launch arrives as more individual and institutional traders seek effective tools for high-volatility sectors, such as cryptocurrency. With real-time actionable signals, traders can manage and mitigate risks associated with rapid market movements, transforming uncertainty into strategic opportunities. Built on an advanced AI model, the Real-Time Signals Indicator combines historical market data with continuous real-time updates to detect even the most subtle market shifts. This powerful combination ensures that traders are instantly notified of optimal moments to enter or exit positions, significantly enhancing their ability to respond to market conditions in real time. Looking Ahead: Ongoing Innovation The Real-Time Signals Indicator is the first in a series of planned AI advancements by Ledger Markets, paving the way for a comprehensive suite of tools aimed at navigating the evolving financial landscape. Upcoming features, such as customizable alerts and predictive analytics, are under development to further empower traders in maximizing their market strategies. About Ledger Markets Ledger Markets is a pioneering provider of AI-driven trading solutions dedicated to equipping traders with the tools they need to excel in complex, fast-moving markets. With real-time analytics covering multiple asset classes, Ledger Markets is committed to supporting traders in optimizing strategies and leveraging market opportunities through advanced AI and machine learning. Disclaimer: This information is provided for educational and informational purposes only. Ledger Markets does not provide financial advice, and all trading activities are undertaken at the user’s own risk. Contact Details Ledger Markets Eric Brown ericb@ledger966.com Company Website https://ledger966.com

November 13, 2024 07:11 AM Eastern Standard Time

Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark

Cutoshi

Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark The US presidential election race is over, and the atmosphere in the crypto market is one of glee as the market warms up to the news of Donald Trump’s presidency. Bitcoin (BTC), as expected, was one of the first to hit new heights, and the rest of the market followed accordingly. But prior to all that spike in the BTC price, Bitcoin ETFs were on a streak of outflows. Even Tron (TRX) is yet to join the profit train, but Cutoshi (CUTO) is trending among traders. Despite Bitcoin Price Surge, Bitcoin ETFs Dip The US elections were supposed to be a boost to the Bitcoin ETFs, but unlike the Bitcoin price, they were on a dip in the run-up to the election. The iShares Bitcoin Trust led the losses at the start of the week, with $44.2 million in outflows even before election day. BlackRock and ten of the other ETFs posted $116.8 million outflows on election day, led by the Fidelity Wise Origin Bitcoin Fund. It was a rare occurrence for most of the ETFs, especially BlackRock stating only its sixth day of loss since its launch in January. Their fortunes changed with the election results, when the BTC price broke past its $75,000 resistance. The Bitcoin ETFs recorded over a billion dollars in inflows on election day, with BlackRock seeing injections up to $1.1 billion on that day. The next few days will be crucial as the market anticipates further surges in the BTC price. Tron Integrations See Chainlink Oracle Links And ETH-TRX Bridges Tron (TRX) founder Justin Sun announced the introduction of Chainlink's oracle feeds to the Tron blockchain to increase security to its DApps, typically JustLend and JustStable. Both DeFi apps are worth about $6.5 billion on the network. Sun made the statement at the Chainlink SmartsCon event in Hong Kong, of which Tron (TRX) was a silver sponsor. The founder stated that the TRON crypto network was going to join in the Chainlink Scale Program, integrating the oracles to also provide developers with access to reliable oracle services, as well as opportunities for the stablecoins and RWAs locked on the blockchain. For the USDC on Tron (TRX), there are new bridges connecting the network with Ethereum through the TRON-Peg USD coin. The token facilitates smoother stablecoin transfer between both chains, contributing to the growing wave of interoperability that is taking over the DeFi space. The TRON price is currently trading at a weekly 3.59% loss, but the new development on the project could soon drive the TRON price into bullish trends. Cutoshi: Meme Coin Combined With DeFi Utilities Cutoshi’s origin is firmly rooted in meme and DeFi, sporting the lucky charm the Lucky Cat and blockchain principles from Bitcoin (BTC) creator Satoshi Nakamoto's teachings. The Decentralized Exchange platform is an avenue for users, especially the meme enthusiasts on the ecosystem, to access token swap and exchange services without leaving the interface. The traffic and insecurity of current exchanges makes Cutoshi's DEX a great alternatives option for traders. Another standout feature of the Cutoshi (CUTO) project will be its token farming. Users earn tokens by participating in challenges and completing tasks to accumulate points. These points can then be redeemed into CUTO tokens to boost investors' crypto portfolios. The token farming is already live, and more than 1500 users are already actively raking in rewards. The $CUTO token presale has raised over $800,000 so far. This traction doesn’t look like it’s going to slow down anytime soon. CUTO Attracts Massive Investors Inflow Bitcoin (BTC) and TRON (TRX) have experienced contrasting fates recently. The Bitcoin price is touching new highs, and TRX is still deep in bullish waters with TRON’s recent integration. The Cutoshi project is attracting investor interest with its presale and CUTO farming features that let users earn while having fun. The new meme coin could potentially deliver bigger gains than other top meme coins. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 13, 2024 06:45 AM Eastern Standard Time

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Lisk Launches Mainnet and Airdrop Campaign with 15M LSK Tokens Available to Earn

Lisk

Lisk, a leading Ethereum Layer 2 blockchain dedicated to empowering web3 builders in high-growth markets, is pleased to announce the launch of the Lisk Mainnet and the introduction of its Airdrop campaign, beginning on November 21st. This will be followed by an App Bounty Quest campaign launching by the end of the year. The first season of the airdrop will run for four months, incentivizing new users and builders to engage with Lisk’s blockchain ecosystem. In alignment with this effort, Lisk is implementing a comprehensive plan reflecting its past year's progress through strategic partnerships and various programs. This launch represents a new phase for Lisk, and the results will be closely monitored. A 2023 report by analyst firm Chainalysis reveals that high-growth markets, which dominate its Crypto Adoption Index, are driving web3 adoption and highlight a key trend in global finance. Lisk's focus on high-growth markets is strategic, considering these regions' notable growth and adoption rates, positioning Lisk firmly for the future. Key Highlights of the Airdrop Campaign: User Engagement through Task Completion: Participants can earn points by completing tasks on the Lisk platform. The more tasks completed, the more points earned, leading to more LSK tokens airdropped based on total points accumulated. Partnership-Driven “Super Tasks”: In collaboration with partners, including Oku.Trade, Ionic, Creo Engine, Angle Protocol, Soccersm, and Momint, Lisk will offer special tasks open for two weeks, providing boosted rewards designed to incentivize user engagement. Each partner will have a dedicated two-week period for users to complete the super tasks and earn immediate rewards. These super tasks will include educational and engagement-focused challenges announced throughout the campaign, encouraging users to actively participate and deepen their knowledge of the platform. App Bounty Quests: Launching by the end of the year, the App Bounty Quests will reward applications that meet specific milestones set by the Lisk team, such as achieving a certain volume or number of active users monthly. Successful participants will receive a sizable LSK token bounty via airdrop. “We designed this airdrop campaign to be seamless, engaging, educational, and even fun, reflecting our mission to create web3 applications that are easy to use and beneficial,” said Dominic Schwenter, COO of Lisk. “The promise of mass adoption rests in the vision and dedication of builders in high-growth markets who are solving everyday problems for their communities and businesses via blockchain technology. I hope participants find a deep connection to our mission as we pave the way together. This launch marks a new era for Lisk, and we can’t wait to see the results of what we are creating." Lisk is one of the few historical projects that continues to thrive and was the first Layer 1 to evolve into a Layer 2. In December 2023, Lisk announced its migration to an Ethereum Layer 2 solution and became one of the earliest members of the OP Superchain alongside Optimism and Base, and followed more recently by significant projects like WorldChain (by WorldCoin), Soneium (by Sony), Unichain (by Uniswap), Ink (by Kraken), to name a few. This announcement comes on the heels of significant progress for Lisk. The network is poised for substantial growth and user engagement, with partnerships forged with major players such as: Circle: Launched the Circle Bridged USDC Standard, offering Lisk projects seamless access to USDC. This enhances both developer and user experiences, while reducing liquidity fragmentation across EVM blockchains and rollups. Rarible: Lisk NFTs are now available for live trading, with the initial mint launched at Coinfest Asia in September. The launch featured an exclusive airdrop from Indonesian artist Yahya Rifandaru. LayerZero: Enables seamless token transfers and omnichain application development across supported chains, enhancing interoperability within the Lisk ecosystem. Rainbow Wallet: Native integration of the Lisk network into the Rainbow Wallet app and browser extension allows automatic token balance detection, NFT indexing, DeFi position tracking, in-app swaps, and cross-chain asset bridging. Fireblocks: Lisk will be supported by Fireblocks for secure asset storage and transfer, ensuring institutional-grade security for token management and enterprise solutions. Velodrome: The leading decentralized exchange (DEX) on Optimism’s mainnet, Velodrome, is launching on Lisk from day one, aiming to enhance liquidity and leverage the existing Superchain ecosystem. In addition to the above, Lisk has partnered with Angel Hack, Aya Labs, CV Labs, Key Difference Labs, and others to establish accelerator programs to support developers building real-world solutions in high-growth markets. In September, the Optimism Foundation accepted Lisk’s grant proposal for 500,000 OP tokens to grow USD and non-USD-backed stablecoins on Lisk and the Superchain. The overall airdrop campaign boasts a budget of up to 15 million LSK tokens. For more information and to participate in the airdrop campaign, visit Lisk’s official channels on X, Discord & LinkedIn and join our growing network of builders. About Lisk Lisk is a Layer 2 blockchain dedicated to empowering web3 adoption in high-growth markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in high-growth markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk plays a pivotal role in building the industry's first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. Contact Details Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

November 12, 2024 11:00 AM Eastern Standard Time

DeepSales Achieves ISO 27701 Certification, Reinforcing Data Privacy and Security Standards

Rev Up Marketers

DeepSales, a leading provider of lead generation solutions, announced that it has achieved ISO 27701 certification, further demonstrating its dedication to data privacy and adherence to international standards. This certification, an extension of the ISO 27001 standard, is recognized globally for outlining rigorous standards in managing personally identifiable information (PII). By achieving ISO 27001 in May of this year, DeepSales has a solid foundation in information security management, further reinforced by ISO 27701 to address evolving privacy requirements. ISO 27701 certification confirms that DeepSales meets stringent privacy standards to mitigate privacy risks and establish trust. The certification process, completed through an independent audit, evaluated DeepSales’ data management practices, which comply with the demands of privacy regulations such as the GDPR and CCPA. This achievement enhances DeepSales’ reputation as a reliable partner, reinforcing its commitment to protecting client information across markets. "This certification is a crucial accomplishment, reflecting our commitment to secure, transparent data management practices," said Jeremy Kim, CEO of DeepSales. "Our clients rely on DeepSales to drive data-driven strategies, and this certification reaffirms that their data is handled with the utmost security and care." In addition to achieving ISO 27701, DeepSales has introduced enhanced privacy measures to support clients in meeting diverse regulatory requirements. These measures focus on strengthening data protection processes and improving privacy management capabilities, aligning with recognized global best practices. DeepSales will continue prioritizing security innovations and privacy measures, empowering organizations to scale their sales efforts confidently and securely. For more information about DeepSales’ ISO 27701 certification and data privacy practices, please visit DeepSales: www.deepsales.com About DeepSales DeepSales is a sales intelligence platform that empowers businesses to streamline lead generation and optimize their sales strategies through AI-driven contact data. Specializing in the Asia-Pacific region, DeepSales provides localized data and expertise, helping companies navigate complex markets like South Korea, Japan, China, and India. With a focus on innovation and user-friendly design, DeepSales equips sales teams with tools that enhance efficiency and drive revenue growth. Contact Details DeepSales Taehee Kong +82 70-4417-5507 tkong@deepsales.com Company Website https://deepsales.com/

November 12, 2024 06:50 AM Eastern Standard Time

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Communication Services (XLC) to Meet Digital Economic Shifts

Select Sector SPDR

In today's digitally-driven world, the Communication Services Select Sector SPDR Fund ( XLC ) continues to focus on offering investors exposure to companies in the telecommunications, media, and entertainment sectors within the S&P 500. This highlights the fund’s current holdings and its strategic approach amid a continuously evolving digital landscape. Portfolio Overview With an expense ratio of 0.09%*, XLC's portfolio features some of the most influential companies shaping the digital transformation. Key holdings** include: Meta Platforms (Facebook): 19.83% Alphabet (Google) Class A: 10.92% Alphabet (Google) Class C: 9.03% Netflix: 6.33% Comcast: 4.69% T-Mobile: 4.68% Walt Disney: 4.51% AT&T: 4.43% Take Two Interactive: 4.42% Electronic Arts: 4.40% These companies, along with other significant holdings, provide a broad view of the communication services sector. The combination of telecom leaders and media firms reflects XLC’s balanced strategy to capture this sector's dynamic nature. Embracing the Digital Evolution The digital economy is characterized by the extensive adoption of digital services across personal and business environments. Upticks in internet usage, the increasing popularity of streaming platforms, advancements in mobile technology, and the introduction of innovative communication tools underscore the sector's continuous evolution. The Communication Services Select Sector SPDR Fund (XLC) is focused on S&P 500 components within these industries, trying to capitalize on opportunities within the digital and communication services space. XLC offers investors a way to deeply engage with this critical sector. About the Communication Services Select Sector SPDR Fund (XLC) The Communication Services Select Sector SPDR Fund (XLC) is designed to offer exposure to leading companies in the communication services sector of the S&P 500. With this targeted approach, XLC aims to offer investors an adaptable portfolio that can navigate the rapidly changing digital economy. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 10/31/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007955 EXP 1/31/25 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

November 12, 2024 05:00 AM Eastern Standard Time

Peru promotes the development of technology startups by attracting foreign investors

Promperu

Twenty-five foreign investment funds from Argentina, Bolivia, Brazil, Chile, Colombia, the United States, Guatemala, Mexico and Paraguay met with Peruvian startups and venture capital funds dedicated to technological development to evaluate investment opportunities during the 4th High Technology Investment Meeting organized by the Commission for the Promotion of Peru for Export and Tourism (PROMPERÚ). The event fostered connections between entrepreneurs and potential foreign investors through rounds of business meetings in which representatives of Peruvian startups and venture capital funds explained their business models, the performance achieved and the potential they have in order to obtain capital injection. With this action, PROMPERÚ's goal is to position the country as an attractive destination for foreign direct investment in the high technology sector and to promote the growth of the national entrepreneurial ecosystem of technology and innovation. "In recent years, Peru has established itself as a destination country for foreign direct investment in the high-tech sector because it has a solid ecosystem of entrepreneurship and innovation. There is a thriving business network that is gradually becoming more sophisticated, made up of universities, incubators, accelerators, impact investment funds, corporate actors and business groups that form and foster startups. Likewise, our country offers investors macroeconomic stability, supported by its fiscal and monetary policies, and legislation that promotes and protects investment," stated Daniel Córdova, Director of the Investments Promotion at PROMPERÚ. The 4th High Tech Investment Meeting was held as part of Lima Tech Week 2024, one of the most important events in Peru's technology and entrepreneurship calendar, which brought together industry leaders, entrepreneurs, investors and professionals, both local and foreign, to explore the latest trends and developments in technology and innovation in the entrepreneurial ecosystem of the Peruvian market. During the first day of the event, 35 Peruvian startups - from the Fintech, Foodtech, Edtech, Future of work, Construtech, E-commerce and SaaS subsectors - met with 18 foreign venture capital funds aiming at getting them to invest in their ventures. On the second day, 9 national venture capital funds, which constantly invest in technology ventures in the Peruvian market, held meetings with 7 international limited partners in an effort to obtain additional financing. Foreign investment in the Peruvian High Technology sector Between 2004 and September 2024, USD 427 million of foreign direct investment was registered in the High Technology sector in Peru through 121 projects executed by 112 companies. This investment generated an estimated 7507 direct jobs in our country. During this period, the countries with the largest investments in this sector in Peru were the United States (USD 80.6 million), Spain (USD 78 million), Argentina (USD 59 million), Chile (USD 50.5 million) and Costa Rica (USD 30.9 million). The subsectors with the highest number of registered projects were software publishing (60 projects), custom programming services (32 projects), internet publishing and web search (22 projects) and video games (5 projects). To know more about investment opportunities in Peru, visit https://investperu.peru.info/en-us/ The Commission for the Promotion of Peru for Exports and Tourism (PROMPERÃ) is an entity under the Ministry of Foreign Trade and Tourism of Peru and the body responsible for formulating, approving, executing and evaluating strategies and plans for the promotion of Peru's image in tourism, exports and foreign direct investment in the country. Contact Details José Carlos Collazos jcollazos@promperu.gob.pe Company Website http://www.promperu.gob.pe

November 11, 2024 03:00 PM Eastern Standard Time

Smart Glasses To Reach Nearly $16 Billion By 2027

Benzinga

By Johnny Rice, Benzinga Eyal Peso, co-founder and CEO of Gauzy (NASDAQ: GAUZ) and Joseph Harary, president and CEO of Research Frontiers (NASDAQ: REFR), were recently guests on Benzinga’s All-Access. The two discussed the boom in smart glass technology and its exciting future. Gauzy is a fully-integrated light and vision control company focused on the research, development, manufacturing and marketing of vision and light control technologies. This tech aims to support safe, sustainable, comfortable and agile user experiences across various industries. Research Frontiers is the developer of patented SPD-Smart light-control film technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic products, either manually or automatically. Watch the full interview here: Featured photo by GianCarlo Greco on Unsplash Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 11, 2024 08:45 AM Eastern Standard Time

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